These levels on the bars form when we get a lower close or higher close then the nearest opposing bar -
good to see you back. what's your take on the $SPX going forward, any timeframe you like. ThxThe same could be applied to longer term charts
I touched on over lapping bars but I did not think there was interest - I do not know the instrument, or time frame but I think the overlapping bars below price will come into play - it is in supplyErin,
Can you advise if the zone being plot correctly, thanks
I do not trade futuresErin is there a reason you prefer to use cfd charts vs the futures charts?
hmmm. Erin is back?
Do note that price action is not just about drawing lines and coloring here and there and hope that you will be profitable by end of day.
When you apply to real world,
there might be fake signals,
or market might just move just a tick or two, then reverse direction to hit your stop,
or market might move with Reward Risk ratio of < 2:1
That's why I was asking what is your RR ratio,
success rate, and about trading live
We want decent RR ratio, decent success rate so that we can
be profitable by end of day.
hmmm. Erin is back?
Do note that price action is not just about drawing lines and coloring here and there and hope that you will be profitable by end of day.
When you apply to real world,
there might be fake signals,
or market might just move just a tick or two, then reverse direction to hit your stop,
or market might move with Reward Risk ratio of < 2:1
That's why I was asking what is your RR ratio,
success rate, and about trading live
We want decent RR ratio, decent success rate so that we can
be profitable by end of day.